Economic Way of Thinking

A shorter week improves job satisfaction and doesn’t come at the cost of productivity, according to one study.

The vast data set collected by the Bureau of Labor Statistics and the creativity from the Flowing Data team on how to display it never cease to amaze. In this time-lapse video, you will see how the activities we enjoy change from the ages of 20-70. Ever wonder if satisfaction with one's main job increases with time OR what activities seem to be enjoyed at any age? Watch the video and find out:  Questions:  What activities seemed to consistently rank high on the happiness scale?

Costa Rica’s decision to eliminate its military and channel funds into environmental protection and public services has aided in its success. GDP per capita has grown, extreme poverty has been almo…

The height of skyscrapers is limited by physical, economic and regulatory barriers, but we should want to overcome them and build taller. Here's how we can do it.

The recent spike in shoplifting is both overblown and real. And almost everyone is profiting from it (including you).

For the first time in more than sixty years, China’s population declined.

"It’s a small gesture but it’s a valuable one, particularly in a world that is becoming more digital and faster."

The Paris museum has been struggling for years against over-attendance

A well-known retailer takes top honors in brand trust, according to a new survey of U.S. consumers.

Trees make us happy, according to data, even when we're chopping them down.

There are things that make us happy. There are things where we find meaning in the everyday. What are the things that give us both?

Remote work might incentivize moves, but will digital nomads really help revive the countryside?

In the 1980s Nauru was the richest country in the world on a per capita basis. Nauru's wealth can be entirely attributed to its deposits on Phosphate, a subs...

What people are doing when they are happy and not, from age 20 to 70.

Move could provide income for homeless and clean up Barcelona’s streets and beaches, says government

Most firms offer some form of wellness program to help workers and family members identify health issues and manage chronic conditions. Some employers believe that improving the health of their wor…

Smith could cash in on a significant incentive if the Seahawks reach the playoffs, which is a long shot, but Smith has achieved the unexpected this season.

Howard (Arnold Schwarzenegger) and Myron (Sinbad) look for and fight over the Turbo Man doll. Stream Jingle All The Way now on Hulu. SUBSCRIBE TO HULU’S YOUT...

Allocation mechanisms can lead to shortages if resources aren't distributed efficiently or equitably. Misallocation can result in increased prices, rationing, and even social unrest.

Two new CDC studies published Thursday found life expectancy fell to 76.4 years in 2021, the lowest recorded since 1996 -- mostly due to COVID and drug overdose deaths.

Make space for what matters

The pandemic has exacerbated an already short supply of specially-bred canines that detect explosives

Calling a store associate… to unlock the fancy razors in the glass case. Yesterday, Walmart CEO Doug McMillon said rising theft could lead to...

The Father of Economics placed much more faith in people and markets than in kings and edicts.

Some people argue that natural disasters and other acts of destruction create wealth and employment as we repair the damage they’ve caused. Professor Dan Ru...

Daylight Saving Time was intended to improve electricity usage, but those benefits have become suspect. The unintended consequences, however, of such a policy have continued to grow over the years.

‘One size fits all’ guidance could lead to 20m litres of drinking water being wasted each day in UK, scientists say

Lessons in the rational appraisal of danger may be the secret to a happier, healthier life – and they can be mastered through a few simple steps.